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Airlines Are Changing Passenger Jets to Carry Products - Vimarsana News

Airlines Are Changing Passenger Jets to Carry Products

Airlines Are Changing Passenger Jets to Carry Products December 20, 2020 FILE - Workers convert a passenger plane into a cargo plane at Israel Aerospace Industries site in Ben Gurion International Airport, in Lod, Israel December 10, 2020. (REUTERS/Ronen Zvulun) Share share The URL has been copied to your clipboard 0:00 0:04:51 0:00 Air travel companies are permanently changing their older passenger jets into airplanes that carry goods for trade. The companies expect a large increase in e-commerce in the future. At the same time, the value of used passenger airplanes is falling because coron...

Falling plane values, e-commerce rise fuels boom in converting passenger planes to freighters - Vimarsana News

Falling plane values, e-commerce rise fuels boom in converting passenger planes to freighters

  >>  Reuters Published: 14 Dec 2020 08:15 AM BdST Updated: 14 Dec 2020 08:15 AM BdST View of the interior of a fully converted Airbus A321 freighter at an ST Engineering hangar in Singapore December 2, 2020. REUTERS From Air Canada to China’s CDB Aviation, airlines and leasing firms are rushing to permanently convert older passenger jets into freighters, betting on a boom in e-commerce as the value of used planes tumbles amid the pandemic. "); } That has created a huge opportunity for passenger-to-freighter (P2F) conversion companies, including Singapore Technologies (ST) Engineering...